RMS Hurricane Model Re-Certified by Florida
Commission
Newark, CA – May 27, 2008 – Risk Management Solutions (RMS)
announced today that the Florida Commission on Hurricane Loss Projection
Methodology (‘Commission’) has approved the RMS US (Florida) hurricane
model version 6.0b.
Each year the Commission reviews hurricane models for
use in residential rate filings with the Florida Department of
Insurance. A version of the RMS hurricane model has been submitted and
approved for use for eleven consecutive years.
The model is based on a long-term historical average of hurricane
activity since 1900 to estimate future risk over the next five years.